CAC ends manual company registration in Abuja, others

The Corporate Affairs Commission (CAC) has struck out manual company registration in five states of the federation including Abuja.The Registrar-General of the commission, Bello Mahmud told journalists in Abuja on Monday, that the commission’s formation located in Enugu, Kano, Kaduna, Lagos, Port-Harcourt and Abuja will henceforth attend to intended customers who wish to register their businesses on its e-portal.

Mahmud said it is imperative for the commission to move with the current global trend and carry out its mandate in line with global best practices. He said the portal has been made user friendly such that it doesn’t require a genius in computer application to process online registration of businesses.

He however said lawyers, chattered accountants and chartered secretaries are still relevant in the operations of the commission for the sake of those who out of choice desire their services.

His words: “customers processing new registration in these locations shall directly complete the application forms and other relevant information and pay the registration fee as well as stamp duty on the company registration portal. Customers can upload all necessary documents through the commission’s upload interface on www.cac.gov.ng and http//services.cac.gov.ng.

The CAC boss said all other states of the federation will be taken in phases as part of the move to go fully online in order to guarantee uninterrupted availability of services and ensure efficient service delivery to customers adding that the online option is cheaper, faster and convenient as transactions can be conducted from the comfort of homes and offices.

He said the commission is committed to one of the focal objectives of the federal government through the presidential enabling business environment council (PEBEC) to improve the business environment in Nigeria and ensure that foreigners and indigenes find it easy to do business in Nigeria.

The Director of Compliance and Special Assistant to the Mahmud, Garba Abubakar hinted that the commission had to delete 55, 341 companies from its database because they were moribund adding that the commission currently has one million, five hundred thousand companies on its database.

He said the deleted companies can stage a comeback within 20 years of being deleted after which the commission will do a permanent deletion.